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Amazon Invests In Dynamic Pricing Model For MP3s

Posted by ScuttleMonkey on from the fun-models-to-play-with dept.

NittanyTuring writes "Amazon recently closed a Series A financing deal with Amiestreet.com, a startup selling DRM-free MP3s with a demand-based pricing model. All music starts out free, and prices increase for popular tracks. Jeff Blackburn, Senior Vice President for Business Development, Amazon.com: 'The idea of having customers directly influence the price of songs is an interesting and novel approach to selling digital music.' What does this mean for Amazon's own intentions to sell music?"

6 of 280 comments (clear)

  1. Novel idea by rlp · · Score: 5, Funny

    A novel new business idea - the recording industry HATES that.

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    [Insert pithy quote here]
  2. This could actually be nice for some people by Optic7 · · Score: 4, Funny

    Those who prefer to listen to non-mainstream artists would get cheaper music, while those who prefer to listen to mainstream artists would pay more for it. It almost sounds like a tax on lack of musical taste to subsidize music geeks!

  3. Re:Love it by kpainter · · Score: 5, Funny

    I wonder if they will pay me to download Yoko Ono tracks?

  4. Re:pissed off customers, thats what it means by omeomi · · Score: 5, Funny

    more to the point, what is to stop me from "selling" my free versions when the band gets popular?

    One could set up an entire MP3 futures trading market! You could invest in MP3's, hoping that their popularity will grow...

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    ZuluPad, the wiki notepad on crack
  5. Re:pissed off customers, thats what it means by Lord+Ender · · Score: 4, Funny

    Wow. So you are telling me I could short Fergie? Quick! Buy 100 PUTs on "Big Girls Don't Cry!"

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    A slashdotter who didn't build his own computer is like a Jedi who didn't build his own lightsaber.
  6. Re:SWEET! by anaesthetica · · Score: 4, Funny

    Finally! All that non-conformance pays off!!
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    Psychic spies from China cryin to pass deregulation
    Little girls from Sweden dream of free speech legislation

    Says the guy with a Red Hot Chili Peppers lyric as his sig...

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    The Rise and Fall of Online Community